Never trade with the money you can not afford to lose. Forex is highly volatile and unpredictable market, it is best not to risk unnecessarily.
I have blown my trading account once while trading with leverage and to be honest I have never been able to use it again.
Loss is inevitable, and it is normal to face losses. But it’s not okay to keep repeating the same mistakes. Instead, you should learn from them...
Agree! A good trader should know how to separate emotions from trading. This is not easy to accomplish. One should follow strict trading rules and...
Always practice your trading strategy on the demo account before going live.
Trading psychology is the main component that lack in many of the traders. I think traders should focus on developing the right trading psychology...
I prefer scalping GBP/JPY.
Right! We all can think and some are very good at it. But who wins? Those who take actions.
Just bookmarked this thread! A good laugh can help you process a bad trading day.
If you don’t have trading knowledge and starting at zero ground, then demo accounts are very helpful. After you get understanding of the trading...
Separate names with a comma.